2451 Mandrell Ave Spring Hill, FL 34608
This exceptional 0.23-acre commercial lot, located at 2451 Mandrell Ave in Spring Hill, Florida (zip code 34608), presents a remarkable opportunity for investors and developers. The property, identified by APN R32 323 17 5090 0546 0180, is zoned for residential use, offering flexibility for various commercial ventures. Its convenient location provides easy access to a wealth of amenities, including shopping centers, a hospital, diverse restaurants, entertainment options, and numerous parks. The lot boasts the significant advantage of having readily available city water and electricity at the roadside, simplifying the connection process. While a septic system will be required, the absence of HOA fees and deed restrictions minimizes upfront costs and streamlines development. This property is ideal for those seeking a versatile and strategically positioned parcel of land in a thriving Florida community. The asking price is $29,900. This represents a compelling investment opportunity given the location and the minimal development hurdles. Don't miss this chance to acquire a valuable piece of Spring Hill real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.